How much money will you invest in stock

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You have $15,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 7 percent.

a. If your goal is to create a portfolio with an expected return of 10.3 percent, how much money will you invest in Stock X?

$6,717, $7,071, $7,425, $22,071, $7,354

b. If your goal is to create a portfolio with an expected return of 10.3 percent, how much money will you invest in Stock Y? i

$7,612, $8,325, $7,533, $8,246, $7,929

Reference no: EM131537071

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